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Key figures on the EU in the world – 2025 edition

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BMW integrates Alibaba’s AI in cars

BMW announces its deal with Alibaba for its AI large language model on March 26, 2025. [Photo provided to chinadaily.com.cn] BMW is accelerating the integration of artificial intelligence in its technology and products, announcing a deepened strategic partnership on Wednesday with Alibaba Group to bring AI-powered large language models to its vehicles in China. Built…

Pakistan eyes ‘panda bonds’ to integrate its capital markets with China’s

Pakistan’s Minister for Finance and Revenue Muhammad Aurangzeb on Wednesday expressed the hope that Pakistan could issue yuan-denominated “panda bonds” this year to further integrate its capital markets with China’s, a move underscoring China’s pivotal role in the country’s digital transformation. Describing Pakistan and China as ironclad friends and strategic partners, Aurangzeb expressed gratitude for…

EU recorded a trade deficit of €11.1 billion in aluminium

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Apple to keep investing in China ‘in a big way’

Jeff Williams, Apple’s chief operating officer, talks with Wang Laichun, chairwoman and founder of electronics manufacturer Luxshare Precision, in a factory in Changshu, Jiangsu province, on Tuesday. [Photo provided to chinadaily.com.cn] Apple will continue to invest in China “in a big way”, as the country is a central part of the US tech company’s critical…

More companies make beeline for Shanghai

A robot attracts delegates during the Shanghai Global Investment Promotion Conference 2025 held on Tuesday. CHINA DAILY Several enterprises have vowed to invest in Shanghai amid continued efforts by the city to improve government efficiency and facilitate technology innovation. Their investment commitments came during the Shanghai Global Investment Promotion Conference 2025 held on Tuesday, which…

Free trade ports key to region’s growth

Free trade ports can drive connectivity and opening-up forward especially in a changing world where geopolitical shifts, poverty and even supply chain disruptions prevail, as emphasized by guests and experts participating in the Free Trade Port Development session on Tuesday under the 2025 Boao Forum for Asia. Ban Ki-moon, chairman of Boao Forum for Asia,…

China International Hydrogen Congress promotes global energy transition

The China International Hydrogen Congress 2025 was held in Beijing on Wednesday, serving as a global platform for exchange, dialogue and collaboration in the hydrogen energy industry. Focused on industry frontiers, the event, hosted by the China Hydrogen Alliance and the China Electricity Council, aims to promote global energy transition and sustainable development. The conference…

China Development Bank loans $76.5m to support African SMEs

China Development Bank has recently disbursed a dedicated loan of $76.5 million to bolster the growth of small and medium-sized enterprises across Africa, the bank said in a news release on Wednesday. The loan, which is provided to the National Bank of Egypt, will provide financial support to 94 SMEs operating in 8 sectors, including…

BYD on track for global success

Consumers select new energy vehicles in a BYD 4S store on March 11 in Qinhuangdao, Hebei province. CAO JIANXIONG/FOR CHINA DAILY Chinese new energy vehicle maker BYD saw its 2024 total revenue rise over 29 percent year-on-year to 777.1 billion yuan ($107 billion), outperforming Tesla for the first time. That brought its net profit attributable…